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The Local Government (Miscellaneous Provisions) (Northern Ireland) Order 1995


This is the original version (as it was originally made).

Investment powers

5.—(1) In section 56(3) of the principal Act (investment of capital fund and renewal and repairs fund monies) for the words from “in a security” to the end there shall be substituted the words “in such manner as may be prescribed”.

(2) Any money invested in accordance with section 56(3) of the principal Act immediately before the coming into operation of this Article shall, for the period of 6 months from the coming into operation of this Article, be deemed to have been invested in accordance with that provision as amended by this Article.

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